Old Dominion Athletic Conference Inc

Analysis

Old Dominion Athletic Conference Inc is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Old Dominion Athletic Conference Inc reported income of $757k and spending of $799k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $629k to $757k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Old Dominion Athletic Conference Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Peninsula Youth Sailing Foundation ($757k), National Junior Tennis & Learning of Trenton Inc ($758k) and Club Champions League ($757k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 78% of the total. Other salaries and wages came to $212k. At year end it held assets of $160k against liabilities of $13k, net assets of $146k. It reported 3 employees.